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Union Budget 2022-23

Agriculture Sector
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• Empowering Annadatas- Agri-startups, rural enterprises and
agri-related entities to be financed through NABARD and FPOs will be
aided by startups. Farmers to be provided with tech support by Agri-
startups.

• Ken Betwa project-


• 1400 crore outlay for implementation of the Ken – Betwa link
project.
• 9.08 lakh hectares of farmers’ lands to receive irrigation benefits by
Ken-Betwa link project.

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Modified Interest Subvention Scheme (MISS):
• Under Modified Interest Subvention Scheme, short term crop loan upto
3.00 lakh is available to farmers engaged in Agriculture and other
allied activities at benchmark rate of 9%.
• Government of India provides 2% Interest Subvention on the benchmark
rate.
• Additional 3% subvention is also given to the farmers for prompt and
timely repayment of loans; thus the effective rate of interest comes down
to 4% per annum.
• Funds are released to the implementing agencies namely NABARD for
RRBs/Cooperative Banks and RBI for Scheduled Commercial Banks...

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Allocation in different government schemes
Name of Scheme Budget 2021 – 22 Revised 2021– 22 Budget 2022 – 23
(in crore rupees) (in crore rupees) (in crore rupees)
Central Sector Schemes/Projects
Pradhan Mantri Fasal Bima Yojna 16000 15989.39 15500.00
Interest Subsidy for Short Term Credit to 19468.31 18142.30 -
farmers
Modified Interest Subvention Scheme (MISS) - - 19500.00
Market Intervention Scheme and Price 1500.50 3595.61 1500.00
Support Scheme
PM - AASHA 400 1.00 1.00
Promotion of Agricultural Mechanization for 700 700.00 -
in situ management of crop residue
Pradhan Mantri Kisan Man Dhan Yojana 50 0.50 100.00
Formation and Promotion of 10,000 Farmer 700 250.00 500.00
Producer Organizations (FPOs)
Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) 65000 67500.00 68000.00
Agriculture Infrastructure Fund (AIF) 900 200.00 500.00

National Beekeeping Honey Mission (NBHM) 100.00


9
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Centrally Sponsored Schemes (Transfer to States/UTs)

Name of Scheme Budget 2021 – 22 Revised 2021 – Budget 2022– 23


(in crore rupees) 22 (in crore rupees)
(in crore rupees)
Pradhan Mantri Krishi Sinchayi Yojna 4000 2000.00 -
(PMKSY)
Green Revolution
RKVY- Rashtriya Krishi Vikas Yojna 3712.44 2000.00

NFSM- National Food Security Mission 2096 1540.00


NPOP- National Project on Organic Farming 12.00 6.00
National Project on Soil Health and 315 100.00
Fertility
Rainfed Area Development and 180 110.00
Climate Change Programme
PKVY-Paramparagat Krishi Vikas Yojana 450 100.00
National Project on Agro Forestry 34 20.00
National Mission on Horticulture 2385 1594.00
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0
Name of Scheme Budget 2021 – Revised Budget 2022
22 2021– 22 – 23
(in crore (in crore (in crore
rupees) rupees) rupees)
Sub Mission on Seed and Planting 448 310.00
Material
Sub Mission on Plant Protection and 45 31.00
Plant
Quarantine
Sub Mission on Agriculture Extension 1173.75 924.00

Sub Mission on Agriculture 1050 850.00


Mechanization
Integrated Scheme on Agriculture 373 373.00
Cooperation
Integrated Scheme on Agriculture 410 264.20
Marketing
National Bamboo Mission 100 70.00

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Name of Scheme Budget 2021 – Revised 2021– Budget 2022 –
22 22 23
(in crore (in crore (in crore
rupees) rupees) rupees)
Rashtriya Krishi Vikas Yojna 10433.00
Krishionnati Yojana
Food and Nutrition Security 1395.00
Edible Oil-Oil Palm 900.00
Edible Oil-Oilseed 600.00
Organic Value Chain Development for North East 198.00
Region
Integrated Development of Horticulture 1900.00
Seed and Planting Materia 305.00
Agriculture Extension 1000.00
Digital Agriculture 60.00
Agriculture Census and Statistics 325.00
Agriculture Marketing 500.00
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Other Ministries Scheme
Name of Scheme Budget 2021 – Revised 2021 – Budget 2022– 23
22 22 (in crore rupees)
(in crore (in crore
rupees) rupees)
MNREGA 73000 98000.00 73000.00

Rashtriya Gokul Mission 502.04 663.00 604.75

National Livestock Mission 350 288.00 410.00

Blue Revolution 1015 1210.00 1891.00

Fisheries and Aquaculture Infrastructure 15.00 10.00 12.00


Development Fund
Pradhan Mantri Matsya Sampada Yojana ( 1000 1200.00 1879.00
PMMSY)
PMKSY (Pradhan Mantri Krishi Sinchayi 11588 12706 12954
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Prime Minister formalization of Micro food 500 399.00 900.00
processing enterprises scheme (PMFME)
Pradhan Mantri Kisan Sampada Yojana 700 791.00 900.00

Prime Minister Employment Generation 2000 2950 2500


Programme (PMEGP)

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